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Loans Receivable | 12 Months Ended
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Dec. 31, 2023
Loans and Leases Receivable Disclosure [Abstract] |
Loans Receivable | 4. LOANS RECEIVABLE The portfolio segme nts and classes of loans are as follows:
(In Thousands) |  | December 31, 2023 |  |  | December 31, 2022 |
Agriculture and farmland loans |  | $ | 65,861 |  |  | $ | 55,746 |
Construction loans |  |  | 178,483 |  |  |  | 57,713 |
Commercial & industrial loans |  |  | 238,343 |  |  |  | 104,755 |
Commercial real estate loans |  |  |  |  |  |
Multifamily |  |  | 180,788 |  |  |  | 105,390 |
Owner occupied |  |  | 501,732 |  |  |  | 139,554 |
Non-owner occupied |  |  | 580,972 |  |  |  | 245,274 |
Residential real estate loans |  |  |  |  |  |
First liens |  |  | 402,433 |  |  |  | 168,084 |
Second liens and lines of credit |  |  | 70,747 |  |  |  | 35,576 |
Consumer and other loans |  |  | 16,756 |  |  |  | 10,057 |
Municipal loans |  |  | 5,244 |  |  |  | 5,466 |
|  |  | 2,241,359 |  |  |  | 927,615 |
Deferred costs |  |  | 174 |  |  |  | 256 |
Allowance for credit losses |  |  | (23,767 | ) |  |  | (4,666 | )
Total |  | $ | 2,217,766 |  |  | $ | 923,205 |
The balances at December 31, 2022 were reclassified from those previously reported as shown in Note 1. The Company originates commercial, residential, and consumer loans within its primary market areas of southcentral and southeastern Pennsylvania, northern Virginia, eastern Maryland, Delaware, and southern New Jersey. A significant portion of the loan portfolio is secured by real estate. At December 31, 2023 and 2022, the Company serviced residential mortgage loans for the Federal Home Loan Bank of Pittsburgh in the amount of $44,167 and $47,356, respectively.

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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//310-10/tableOfContent + Details
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